Age3 yrs
Real estate1 parcel · 1,821 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of GYNEBEL is 7.1% (elevated). The 2024 annual accounts show negative equity (€-31k) and a net result of €-17k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone7.1%
Elevated
0%0,5%1,5%4%10%≥25%
Young company
+Annual accounts: weaker financial profile
+No NACE activity registered
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 29 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 22-09-2025 | 53 d late | 2025-00497042 |
| 31-12-2023 | 31-07-2024 | 15-07-2024 | 16 d early | 2024-00244649 |
| 31-12-2022 | 31-07-2023 | 31-08-2023 | 31 d late | 2023-00391348 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-17k
Working capital€-43k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 22-09-2025 with the NBB · fiscal year 2024 · micro
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-3k |
| Net profit | €-17k |
| Cash flow | €-4k |
| Staff costs | - |
| Income taxes | €150 |
| Dividends | - |
| Total assets | €32k |
| Equity | €-31k |
| Debt | €63k |
| of which ≤ 1y | €63k |
| of which > 1y | - |
| Working capital | €-43k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.31 |
| Working capital ratio | -134.8% |
| Solvency | -96.1% |
| Debt / equity | -2.04 |
| Long-term debt ratio | - |
| Interest coverage | -26.70 |
| Gross margin | - |
| Net margin | - |
| ROA | -51.4% |
| ROE | 53.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €32k |
| Fixed assets | 21/28 | €12k |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €12k |
| Current assets | 29/58 | €20k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €32k |
| Equity | 10/15 | €-31k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-32k |
| Amounts payable | 17/49 | €63k |
| Amounts payable within one year | 42/48 | €63k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-3k |
| Operating result | 9901 | €-16k |
| Financial charges | 65 | €129 |
| Result before taxes | 9903 | €-16k |
| Income taxes | 67/77 | €150 |
| Net result for the period | 9904 | €-17k |
| Result to be appropriated | 9905 | €-17k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed10
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationGYNEBEL
since 20222.338.416.909
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,821 m²
Buildings1
Building footprint173 m²
Volume (LiDAR)1,189 m³
Tallest building17.0 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61043B0038/00D004 | Wallonia | 1,821 m² | 1 · 173 m² | 17.0 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act Address history · 1
26-09-2025
Registered-office move
All acts · 1
updated 11 months ago
2025
26-09-2025 Registered office moved from LIEGE to Nandrin
- Rue Simon-radoux 41 à 4000 LIEGE → Bois de la Croix Claire, 42 à 4550 Nandrin.
Analysis
Financial profile
4 of 5 axes measured56
/ 100
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
10
Profitability
100
Solvency
33
Growth
-
Stability
79
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameFR | GYNEBEL |
Registered office
Bois de la Croix Claire 42
4550 Nandrin, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.